Trump rescinds Biden-era guidance, seizing the opportunity to boost cryptocurrency investments in 401(k) plans

Wallstreetcn
2025.05.28 16:06
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The Trump administration has rescinded the guidance from the Biden era that discouraged companies from investing in cryptocurrencies within 401(k) plans. The Department of Labor's statement noted that the Biden administration's stance contradicted the agency's expected neutrality, and in the future, the department will neither support nor oppose specific investment choices